{"id":50574,"date":"2023-07-19T13:21:25","date_gmt":"2023-07-19T13:21:25","guid":{"rendered":"https:\/\/www.ginx.tv\/microsoft-activision-blizzard-agree-extend-merger-agreement"},"modified":"2024-07-19T11:40:15","modified_gmt":"2024-07-19T11:40:15","slug":"microsoft-activision-blizzard-agree-extend-merger-agreement","status":"publish","type":"post","link":"https:\/\/www.ginx.tv\/en\/microsoft-activision-blizzard-agree-extend-merger-agreement","title":{"rendered":"Microsoft &#038; Activision Blizzard Agree To Extend Merger Agreement"},"content":{"rendered":"<p><a href=\"https:\/\/www.ginx.tv\/en\/video-games\/xbox-implementing-new-voice-chat-moderation-tools\">Microsoft <\/a>and Activision Blizzard have agreed to extend their merger agreement until later this year, following several different court cases surrounding it.<\/p>\n<div class=\"rsp-embed-container\" contenteditable=\"false\">\n<blockquote class=\"twitter-tweet\" data-lang=\"en_US\">\n<p dir=\"ltr\" lang=\"en\">Update on Activision Blizzard&rsquo;s merger with Microsoft: agreement deadline extended<\/p>\n<p>The recent decision in the U.S. and approvals in 40 countries all validate that the deal is good for competition, players, and the future of gaming.<\/p>\n<p>Given global regulatory approvals and the&hellip;<\/p>\n<p>&mdash; Lulu Cheng Meservey (@lulumeservey) <a href=\"https:\/\/twitter.com\/lulumeservey\/status\/1681644640368304129?ref_src=twsrc%5Etfw\">July 19, 2023<\/a><\/p><\/blockquote>\n<p><script src=\"https:\/\/platform.twitter.com\/widgets.js\" async><\/script>\n<\/div>\n<p>The merger has been surrounded by controversy, with the FTC court case only just wrapping up. That case was ruled in favor of Microsoft and Activision Blizzard, meaning that there&#8217;s only the CMA left in the way of their completion of the merger deal. That case will be decided on August 29, meaning it&#8217;ll be completed well before the new deal deadline of October 18, 2023.&nbsp;<\/p>\n<p>The new date comes with a caveat, however. If the deal isn&#8217;t closed by August 29, then the termination fee will increase from &#36;3 billion to &#36;3.5 billion. If the deal doesn&#8217;t close by September 15, then that fee increases from &#36;3.5 billion to &#36;4.5 billion. What this means is that Microsoft will be desperately trying to clear the deal as soon as possible.<\/p>\n<p>Phil Spencer tweeted about the extension, stating:<\/p>\n<p>&#8220;<em>Microsoft and Activision Blizzard have extended the merger agreement deadline to 10\/18. We&#8217;re optimistic about getting this done and excited about bringing more games to more players everywhere.&#8221;<\/em><\/p>\n<div class=\"rsp-embed-container\" contenteditable=\"false\">\n<blockquote class=\"twitter-tweet\" data-lang=\"en_US\">\n<p dir=\"ltr\" lang=\"en\">Microsoft and Activision Blizzard have extended the merger agreement deadline to 10\/18. We&#8217;re optimistic about getting this done, and excited about bringing more games to more players everywhere.<\/p>\n<p>&mdash; Phil Spencer (@XboxP3) <a href=\"https:\/\/twitter.com\/XboxP3\/status\/1681646844634599424?ref_src=twsrc%5Etfw\">July 19, 2023<\/a><\/p><\/blockquote>\n<p><script src=\"https:\/\/platform.twitter.com\/widgets.js\" async><\/script>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft and Activision Blizzard have agreed to extend their merger agreement until later this year, following several different court cases surrounding it. Update on Activision&#8230;<\/p>\n","protected":false},"author":12865,"featured_media":50575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"tags":[],"class_list":["post-50574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-video-games","genre-analysis","content_type-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Microsoft &amp; Activision Blizzard Agree To Extend Merger Agreement - GINX TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ginx.tv\/en\/wp-json\/wp\/v2\/posts\/50574\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microsoft &amp; Activision Blizzard Agree To Extend Merger Agreement - GINX TV\" \/>\n<meta property=\"og:description\" content=\"Microsoft and Activision Blizzard have agreed to extend their merger agreement until later this year, following several different court cases surrounding it. 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